Download or read book The Principles of Chinese Classic Economics written by Yongsheng Zhong and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has its own economics. It is the grand law that can be well applied to oneself, one's family, one country and the world, aiming for the well-beings of all. It roots deeply in the Chinese traditional culture based on complete understanding of the relationship between man and nature. The fundamental principle of it is kept in Chinese classics and passed down generations by generations through traditional Chinese education, i.e., a truly "inter-disciplinary" way that emphasizes complete and perfect self-enlightenment of one's own nature and the outside world. Therefore, it is named as "Chinese Classic Economics" in the book Chinese Classic Economics. In the book, the Chinese original classic economic theory is systematically introduced following a typical modern academic framework. Based on the book, this paper aims to present the main concepts and principles of Chinese classic economics. In summary, the cornerstone is the fundamental view that "nature and man are in One", which can be well supported by the development of modern physics. Based on this view, the theory perfectly synthesizes ethics within economics as that "virtue is the root while wealth is the branches". It unifies psychology, physiology and ethics and discloses how man's life is shaped by his very thought in mind, as goodness would bring happiness and badness would bring misfortunes. Based on this law, the Chinese traditional behavior economics is proposed, with altruism as the starting point and virtue capital playing the fundamental role. Moreover, by applying the very One principle to the management of the economy, the theory advocates a balanced Middle-way economy with both market and government right playing their own duties following the natural order. The principle of management is "to act naturally as if there is no-action", or "not to disturb". Hidden inside the marvelous Chinese traditional classic books and applied successfully to the glorious Chinese economic history, this theory well unifies nature and man, the natural ethics and economic phenomena, and sheds light on the modern economic researches.